SEATEX LTD.

⚰️Wound downdissolved
SC139659 · ltd · incorporated 1992-08-10
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 32.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 80/100. Strong seller-intent signal (78/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 32.9y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 32.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: low (48/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 6 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2014-03-07
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2014-03-07
    🏁
    Company dissolved
  3. 2013-11-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2012-07-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  5. 2012-07-25
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  6. 2012-07-25
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  7. 2012-06-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2011-11-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2011-09-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2011-09-23
    ➕
    SHAND, David Alexander appointed
    director
  11. 2011-07-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2010-09-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2010-09-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2010-02-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2010-02-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2009-07-22
    📄
    legacy
    annual-return · 363a
  17. 2008-07-24
    📄
    legacy
    annual-return · 363a
  18. 2008-07-24
    📄
    legacy
    officers · 288c
  19. 2008-03-13
    📄
    accounts-with-made-up-date
    accounts · AA
  20. 2007-07-26
    📄
    legacy
    annual-return · 363a
  21. 2007-05-02
    📄
    accounts-with-made-up-date
    accounts · AA
  22. 2006-07-27
    📄
    legacy
    annual-return · 363s
  23. 2006-03-06
    📄
    accounts-with-made-up-date
    accounts · AA
  24. 2005-08-02
    📄
    legacy
    annual-return · 363s
  25. 2005-04-06
    📄
    accounts-with-made-up-date
    accounts · AA
  26. 2004-11-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  27. 2004-11-04
    📄
    legacy
    officers · 288b
  28. 2004-11-02
    ➖
    TORSEN, Hans Olav resigned
    director
  29. 2001-02-01
    ➕
    ADAMS, Andrea Margaret appointed
    secretary
  30. 2001-02-01
    ➖
    LEDINGHAM CHALMERS resigned
    corporate-secretary
  31. 2001-01-01
    ➕
    LEDINGHAM CHALMERS appointed
    corporate-secretary
  32. 2000-12-31
    ➖
    BURGESS, Neil Hamilton resigned
    secretary
  33. 2000-12-31
    ➖
    BURGESS, Neil Hamilton resigned
    director
  34. 1999-08-31
    ➕
    BURGESS, Neil Hamilton appointed
    director
  35. 1998-09-30
    ➖
    EVANS, Paul Maynard resigned
    director
  36. 1997-11-27
    🔓
    Charge satisfied #1
  37. 1994-08-01
    ➖
    BURGESS, Neil Hamilton resigned
    secretary
  38. 1993-11-30
    ➖
    BROE-WARD, Dennis resigned
    director
  39. 1993-06-08
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  40. 1993-01-10
    ➕
    FOSSUM, Bjorn Anders appointed
    director
  41. 1993-01-10
    ➕
    TORSEN, Hans Olav appointed
    director
  42. 1992-10-19
    ➕
    EVANS, Paul Maynard appointed
    director
  43. 1992-08-31
    ➕
    BURGESS, Neil Hamilton appointed
    secretary
  44. 1992-08-31
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  45. 1992-08-31
    ➕
    BROE-WARD, Dennis appointed
    director
  46. 1992-08-31
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  47. 1992-08-10
    🏢
    Company incorporated
    As SEATEX LTD.
  48. 1992-08-10
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  49. 1992-08-10
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2014-03-07

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Trade services · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
C THAIN LIMITED→
SC815651 · est 2024 · no financials extracted
————1y——
COCOCARAMEL LTD→
SC743774 · est 2022 · no financials extracted
————3y——
COLLIE ENGINEERING CONSULTANTS LIMITED→
SC444912 · est 2013 · no financials extracted
————13y——
COMPASS MBA LTD→
SC413103 · est 2011 · no financials extracted
————14y——
COOPER NISBET HORTICULTURE LTD→
SC848212 · est 2025 · no financials extracted
———————
CORMACK CONSULTANCY LTD→
SC444290 · est 2013 · no financials extracted
————13y——
COTBURN WIND ENERGY LIMITED→
SC384243 · est 2010 · no financials extracted
————15y——
COTTOWN FARM LTD→
SC446544 · est 2013 · no financials extracted
————13y——
CPM DESIGN & SURVEY LTD.→
SC322232 · est 2007 · no financials extracted
————18y——
CRAIGSHANNOCH CONSULTING LIMITED→
SC388893 · est 2010 · no financials extracted
————15y——
CRANE TRADE COMPANY LIMITED→
SC681388 · est 2020 · no financials extracted
————5y——
CRB SYSTEM MANAGEMENT LTD→
SC784446 · est 2023 · no financials extracted
————2y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusdissolved
Typeltd
Incorporated1992-08-10
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

Campus 1 Innovation Park
Balgownie Road
Aberdeen
AB22 8GT
Scotland

Filing status

Accounts
Next due: —
Last made up to: 2011-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 9 resigned)

ADAMS, Andrea Margaret→
secretary · appointed 2001-02-01
View their other companies + combined net worth →
Active
FOSSUM, Bjorn Anders→
director · ~78y · appointed 1993-01-10
View their other companies + combined net worth →
Active
SHAND, David Alexander→
director · ~73y · appointed 2011-09-23
View their other companies + combined net worth →
Active
BURGESS, Neil Hamilton→
secretary · appointed 1992-08-31 · resigned 1994-08-01
Resigned
BURGESS, Neil Hamilton→
secretary · resigned 2000-12-31
Resigned
LEDINGHAM CHALMERS→
corporate-secretary · appointed 2001-01-01 · resigned 2001-02-01
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1992-08-10 · resigned 1992-08-31
Resigned
BROE-WARD, Dennis→
director · ~75y · appointed 1992-08-31 · resigned 1993-11-30
Resigned
BURGESS, Neil Hamilton→
director · ~88y · appointed 1999-08-31 · resigned 2000-12-31
Resigned
EVANS, Paul Maynard→
director · ~65y · appointed 1992-10-19 · resigned 1998-09-30
Resigned
TORSEN, Hans Olav→
director · ~81y · appointed 1993-01-10 · resigned 2004-11-02
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1992-08-10 · resigned 1992-08-31
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property08/06/199327/11/1997

Recent filings (81 total)

gazette-dissolved-compulsory
gazette · GAZ2
2014-03-07
gazette-notice-compulsory
gazette · GAZ1
2013-11-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-07-25
change-registered-office-address-company-with-date-old-address
address · AD01
2012-07-25
change-registered-office-address-company-with-date-old-address
address · AD01
2012-07-25
accounts-with-accounts-type-dormant
accounts · AA
2012-06-08
accounts-with-accounts-type-dormant
accounts · AA
2011-11-10
appoint-person-director-company-with-name-date
officers · AP01
2011-09-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-07-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-09-01
change-person-director-company-with-change-date
officers · CH01
2010-09-01
accounts-with-accounts-type-dormant
accounts · AA
2010-02-05
accounts-with-accounts-type-dormant
accounts · AA
2010-02-05
legacy
annual-return · 363a
2009-07-22
legacy
annual-return · 363a
2008-07-24